SKK Holdings Limited (NASDAQ:SKK) Short Interest Down 21.7% in January

SKK Holdings Limited (NASDAQ:SKK) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 46,146 shares, a decrease of 21.7% from the January 15th total of 58,923 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 47,155 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 47,155 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of SKK in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, SKK has a consensus rating of “Sell”.

SKK Stock Up 0.1%

SKK traded up $0.00 during trading hours on Friday, hitting $0.30. The company’s stock had a trading volume of 21,042 shares, compared to its average volume of 64,913. The company has a 50-day simple moving average of $0.31 and a 200 day simple moving average of $0.37. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.10. SKK has a fifty-two week low of $0.25 and a fifty-two week high of $1.08.

SKK Company Profile

SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works. It serves government authorities, utility companies, or contractors.